Concourse Financial Group Securities Inc. Sells 1,178 Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Concourse Financial Group Securities Inc. cut its position in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 38.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,915 shares of the company’s stock after selling 1,178 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $97,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Providence First Trust Co bought a new position in iShares Ultra Short-Term Bond Active ETF during the fourth quarter worth about $27,000. M Holdings Securities Inc. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $29,000. Hoese & Co LLP bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $43,000. Physician Wealth Advisors Inc. bought a new stake in iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at $50,000. Finally, Private Trust Co. NA raised its stake in iShares Ultra Short-Term Bond Active ETF by 21.5% during the fourth quarter. Private Trust Co. NA now owns 1,302 shares of the company’s stock worth $66,000 after acquiring an additional 230 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of BATS:ICSH opened at $50.61 on Friday. The company’s fifty day moving average is $50.57 and its 200-day moving average is $50.55. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $50.29 and a 52 week high of $50.77.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1797 dividend. The ex-dividend date was Monday, March 3rd.

About iShares Ultra Short-Term Bond Active ETF

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.